Recent content by mcvcpa

I thought that the Level 2 screen will be obsolete when they release SuperMontage?! What will all you Level 2 traders do then?

The SEC has maintained that for any cash trade, the traditional settling period (3 day) is required before the funds are available for another trade. THis was confirmed by an email I received from a DAT broker only yesterday. Long trading is clearly out under the new rule for accounts under...

You would short the open of a stock gapping down, knowing that the MM or Specialist will do their best to gap it farther than it needs to be to assure their profit? I hope you were reading fast and meant you would short/fade the gap up and buy/fade the gap down. We all know your better than that!

Are you affiliated with Speedtrader.com?

Rigel, If you set your stop at cost, how did you have 9 losers? Slippage only? Please explain because otherwise that's a pretty darn good ratio of winners/losers!

I do not use IB myself but generally speaking, when you sell stock on the offer you are not able to direct the order to anyone specifically as the fact that the sell order is at the offer means it is passive and you are waiting for a buyer to come in and take the offer. The only exception would...

Cost of an instantly filled round trip on RT3/Cyber/Watcher/ .......about $30 bucks. Cost of a delayed POS fill on IB that you might not know you even got for 30 seconds or more ....about 20 bucks. Cost to see the horrified look on the idiot who just realized he was filled and taking a...

Anyone know if it is possible (without great cost or effort) to hook up a TV to a PC and use the TV as a monitor?

Anyone overseas feel free to tell us here in the US anything about how your markets may be looking to open or have opened. THe news programs here are understandably not focusing on the financial markets right now. How are US stocks trading over there as compared to their Monday closing prices...

I think RTharp did the same thing on his post......I would love .06 cents or 6 one hundredths of one cent as my commission rate!! I think he meant .6 to .9 cents per share considering Echo starts at 1.00 cent per share on the first trade.

Congrats on your recent graduation and on your committment to a trading career. It will be a huge challenge to become consistently successful but offers potential not found in any job/career opportunity. I know of a small prop firm in NYC that is looking for people like you. Email me...

I thought their autotrade order was an autoexecution agreement with Nite and Herzog whereby the order would be filled at the NBBO regardless of where these MM's were quoting?!